National Debt: The Top 5 Worst Presidents of All Time
James Madison called public debt “a public curse.” The U.S. has been cursed for most of its existence, and the curse continues to grow at a dizzying pace. The only time in U.S. history that the debt was fully paid off was during President Andrew Jackson’s...
Founders’ Foresight: The Perils of Perpetual Debt
“A public debt is a public curse.” That’s how James Madison put it, and he was right. Today, America is absolutely drowning in debt – and teetering on the brink. We’ve just hit a new, previously unthinkable milestone: a national debt of $36 trillion...
Our “Public Curse” Just Eclipsed $35 Trillion
“I go on the principle that a Public Debt is a Public curse and in a Rep. Govt. a greater than in any other.” – James Madison On July 26, the national debt blew past $35 trillion for the first time. On that date, we were cursed with a debt of...